The two- and six-hour trends are bullish, and the 60-minute trend is neutral with the 20-minute baseline on an upward swing, possibly being confirmed by the 40-minute baseline. So, does this mean it's unlikely the rate will fall below the one-hour support level at 0.7799 within the next two hours?
Plus, it's possible the market is just waiting for USA Fed news to be released an hour after that so it can go crazy at that point, and will be reluctant to do much until then. So, let me see if AUDUSD will stay above 0.7698 in the meantime.
Plus, it's possible the market is just waiting for USA Fed news to be released an hour after that so it can go crazy at that point, and will be reluctant to do much until then. So, let me see if AUDUSD will stay above 0.7698 in the meantime.